Data breaches a ‘time bomb’, warns security report
Industry News | 10/05/19
Data breaches are a “time bomb” under companies that let customer information go astray, warns a security expert.
Bryan Sartin, Verizon’s head of global security services, said he was “surprised” more breaches had not become public.
Companies that lose data face fines of up to 4% of their global revenues, under European data protection laws.
Mr Sartin was speaking following the publication of a report analysing thousands of successful attacks.
It revealed a growing threat to senior staff in large companies from well organised phishing attacks.